In San Francisco, new Listings were down 5.9 percent for single family homes but increased 8.9 percent for Condo/TIC/Coop properties. Pending Sales increased 6.6 percent for single family homes and 10.1 percent for Condo/TIC/Coop properties.… read more »
Housing activity is a bright spot in the current economic recovery. Interest rates and new construction activity have been in the spotlight lately, fueled by concerns over tapering Federal Reserve activity and ongoing inventory constraints. … read more »
The first month of 2013 brought the same type of market behavior that San Francisco has been experiencing for some time now.
With the already low inventory of homes for sale being consumed at such … read more »
Much like the rest of 2012, December produced improved buyer demand, steadily rising home prices (the median now at $850,000, up by 39.3 percent) and pockets of robust activity throughout the city.
With such a … read more »